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Namibia gives clarity on mine permits

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Namibia's mines minister has confirmed that a policy to grant future mining rights to a state-owned firm will not impact existing mining and exploration licences.

AngloGold Ashanti dives into Eritrea

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AngloGold Ashanti reckons Eritrea may turn out to be another Colombia for the group in terms of successful gold exploration.

Hedge-free AngloGold sees cash coming in

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AngloGold Ashanti is starting to benefit from the closure of its hedge book, while its production figures have stayed intact despite torrential rainfall.

James Campbell takes over at Rockwell

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African Diamonds ex-MD James Campbell has been appointed the new CEO of Rockwell Diamonds, where he will immediately have to convince investors to plough more money into the company.

Exxaro to sell coal properties for cash

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Exxaro Resources wants cash for three Mpumalanga coal deposits, which it has decided are too small to be developed by the group.

Implats, Angloplat in indigenisation talks

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Angloplat and Implats are cooperating with Zimbabwe on proposals to sell majority shares in their local operations to locals, says a government minister.

Gold One again under ASX spotlight

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The Australian Stock Exchange has for the third time in as many months queried Gold One International on the company’s share trades and corporate activities.

DiamondCorp starts mining at Lace

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DiamondCorp is mining a 30,000t bulk ore sample from its Lace mine in the Free State, after the new decline shaft intersected the kimberlite pipe at a depth of 260m.

IPO unlikely, says Namdeb

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An initial public offering for Namdeb Diamond Corp is not on the cards, says the group's financial manager.

Lonmin doubles profit, confirms guidance

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Lonmin says operating profit more than doubled to $144m in the first half and confirmed sales guidance for 2011, despite an increase in safety stoppages.